Question

62500 for 2 years 6 months at 12% per annum compounded annually.​

Answer 1

Answer:

83,104Rs.

Step-by-step explanation:

Amount=P$(\frac{1+R}{100} )$

when t=2 years 6 months i.e.$2\frac{1}{2}$,

Amount=P$(\frac{1+R}{100} )^{2}$×$(11\frac{R^2}{100} )$

⇒ 62500 $(1+\frac {12}{100} ^{2})$×$(1+\frac {12}{100} ^{2})$

⇒ 62500 $(\frac {112}{100} ^{2})$×$(1+\frac{6}{100} )$

⇒ 62500 $(\frac{28}{25} ^{2})$×$(\frac{53}{50})$

⇒83,104Rs.